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a. Which of the following are microeconomic problems?
Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.
b. Which of the following are macroeconomic problems?
A sample of 500 business professionals found that 30% chose an airline based on price. If the population proportion of all business professionals who select an airline based on price is .27 What is the probability
In 2008-2009 the U.S. was in a deep recession and the tools of monetary policy had been used in an attempt to end the recession. Despite these efforts unemployment was above its natural rate and real GDP growth was below its potential rate.
This theater shows unusual films and treats early-arriving movie goers to live organ music and Bugs Bunny cartoons. If the theater is open, the owners have to pay a fixed nightly amount of $500 for films, ushers, and so on, regardless of how many ..
Find information about labor market statistics of your local community over the last 3 years
Global trade can stimulate economic growth and alleviate poverty.
Analyze basic growth data for Austria for the period 1970 to 2007. Find the Steady-state equilibrium level of GDP per capita and real GDP growth rate. Variables Gross Output (real GDP) Net Output (real NDP) Depreciation InvestmentICT Investment
Reviewing your file, your home insurance company found that you paid $1000/year beginning October 1992 and your premium has been increasing by $50-a year since you started. The company had to pay you $15,000 compensation for weather damages
Suppose that the Ofce can hire skilled labor h that can ll the forms without using computers. The output of the Ofce that hires h skilled labor, l unskilled labor and k computers is equal to y = l + 10 min (h; k) Solve the long-run cost minimizat..
Carnack contracts to sell his house and lot to Willard for $100,000. The terms of the contract call for Willard to pay 10% of the purchase price as a deposit toward the purchase price, or as a down payment.
Use a model with horisontal productdifferentiation. Suppose that two firms compete. They are situated at opposite sides on a linje with length 1. Firm 1 in point 0, and firm 2 in point 1. The konsumers transport costs are linear in the distence to..
Western commentators become highly appreciating of the Japanese economic model until they realised it's no longer working well the things which made it strong in fact now explain why it's a weak discuss the statement setting out points of referen..
Consider the Harrod-Domar model. Suppose that initially, an African country's capital-output ratio (k) is 5, and the savings rate (s) is 12%. a). What will be the initial GDP growth rate b). Suppose that technological advances cause the capital-out..
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